Munich Personal RePEc Archive

Pouring oil over the Balearic tourism industry

Cirer-Costa, Joan Carles (2015): Pouring oil over the Balearic tourism industry.

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Abstract

This study aims to predict the possible negative effects on the Balearic tourism economy of the exploitation of marine oil fields near its coastline. We describe the current business structure of the islands’ tourism industry and then focus on the various kinds of spills that might affect it. Our conclusion is that the exploitation of the oil fields will significantly damage the tourism industry: a series of small-scale accidents followed by a large spill could destroy the complex structure of Balearic tourism, and would have severe repercussions for the economy of the archipelago.

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